Equity: The Thief of Human Potential – Thomas Sowell

A speech by American author, economist, and political commentator Thomas Sowell on the difference between Equity and Equal Opportunity.

Thomas Sowell (born June 30, 1930) is an American author, economist, and political commentator who is a senior fellow at the Hoover Institution at Stanford University. Sowell is the author of more than 45 books (including revised and new editions) on a variety of subjects including politics, economics, education and race, and he has been a syndicated columnist in more than 150 newspapers. Sowell was born in segregated Gastonia, North Carolina, to a poor family, and grew up in Harlem, New York City. Due to poverty and difficulties at home, he dropped out of Stuyvesant High School and worked various odd jobs, eventually serving in the United States Marine Corps during the Korean War. Afterward he took night classes at Howard University and then attended Harvard University, where he graduated magna cum laude in 1958. He earned a master’s degree in economics from Columbia University the next year and a doctorate in economics from the University of Chicago in 1968. In his academic career, he has served on the faculties of Cornell University, Amherst College, Brandeis University, the University of California, Los Angeles, and, currently, Stanford University. He has also worked at think tanks including the Urban Institute. Since 1977, he has worked at the Hoover Institution at Stanford University, where he is the Rose and Milton Friedman Senior Fellow on Public Policy.